Why Are Ethics Important In The Accounting Profession? Sheree Fletcher CE CAPSTONE COURSE FOR THE ASSOCIATES DEGREE IDS399 September 10‚ 2006 What does ethics have to do with accounting? Everything‚ since there have been some recent financial accounting scandals; a few examples being Xerox‚ WorldCom‚ Enron‚ which have generated much unwanted and unfavorable publicity for CPA’s‚ including those working as controllers or chief financial officers for organizations. When you hear the
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for you will depend upon your career goals. Earning one of the accounting-related professional certifications is no easy task; however‚ earning and maintaining your certification can increase your chances for advancement and promotion‚ enhance your reputation among colleagues and within the profession‚ and result in salaries that are higher than your non-certified peers as long as you remain ethical. The Profession of Accounting When most people go to college they think of what major would
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Accounting Professions Report In the field of accounting‚ there are three main professions that are highly in demand. The professions are 1) Chartered Accountants (CA) 2) Certified General Accountants (CGA) 3) Certified Management Accountants (CMA) Each of these professions requires special practice sessions‚ education‚ training‚ and loads of experience. Nationally and internationally these jobs are highly in demand for its standards and for its stature. Overall‚ this report will inform
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Choosing a career is one of the most important decisions a person has to make in their life. It is important because rest of our life will depend on our decision of what we choose as our career. One should choose his career with a lot of interest and research. He should not only consider what career will bring him money but also that what career he will love to work for. It is a real unfortunate for a man to advance on the track of life without any definite aim in view. If one wants to change his
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Discuss how the accounting course has affected you in your professional development as a student and as a person as well as encouraging you on your academic path. During my younger days‚ I used to take principle of account (POA) in my secondary school. I could neither understand the subject nor know the important of how accounting will impact my career path. I have stop studying for 2 years due to national service and when I know that basic accounting was one of my foundation subjects‚ I was so
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IMPACT OF TECHNOLOGY ON THE ACCOUNTING PROFESSION - A STUDY OF A CPA FIRM’S DISASTER RECOVERY PLANNING Stanley X. Lewis‚ Jr.‚ Troy University Eddy J. Burks‚ Troy University Ernest W. King‚ University of Southern Mississippi Carl Smolinski‚ LSU-Shreveport ABSTRACT The results of an ongoing study of professional accounting firms in the U. S existing research methodology and results included in the 2006 IRMA International Conference reporting the strategic planning by a law firm pertaining to its disaster
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accounting standards accounting standards Introduction to Accounting Standards Accounting is the art of recording transactions in the best manner possible. Accounting Standards are the policy documents issued by recognized expert accountancy bodies relating to various aspects of measurement‚ treatment and disclosure of accounting transactions and events. Every country has its own standards. Accounting Standards in India are issued by the Institute of Chartered Accountants of India (ICAI)
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ETHICS IN ACCOUNTING Presented by: Rojina Sapkota Abhilasha Thapa Pooja Shah Sandeep Gautam Mendhala Lama Gurung AND THE ACCOUNTING PROFESSION What is ETHICS? -All about making right choices and producing good behavior What is ETHICS in ACCOUNTING? -Being responsible enough to behave as a TRUSTWORTHY accountant. ROLE/IMPORTANCE OF ETHICS IN ACCOUNTING To provide true knowledge of the financial transactions taking place. To ensure correct decision making . WHAT IS AN ETHICAL DILEMMA
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General Education can be very important to a successful career. It teaches you about skills you will need to use in your future career. Time management is one skill at the top of the list. Did you know “the average person uses 13 different methods to control and manage their time (Wetmore‚ 1999)?” That is surprisingly a lot of ways to manage time. General education may not teach you all those ways but it is definitely a jump in the right direction. General education is the base to most college degrees
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Introductory Part Accounting is the study of how businesses track their income and assets over time. Accountants engage in a wide variety of activities besides preparing financial statements and recording business transactions‚ including computing costs and efficiency gains from new technologies‚ participating in strategies for mergers and acquisitions‚ quality management‚ developing and using information systems to track financial performance‚ tax strategy‚ and health care benefits management. They
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